Bluewaters Residences 1 — Bluewaters Island, Dubai

Bluewaters Residences 1 is an iconic residential address situated on the prestigious Bluewaters Island, one of Dubai's most ambitious and celebrated waterfront developments by Meraas. Positioned just off the Jumeirah Beach Residence coastline, this building offers residents a rare combination of urban sophistication and island tranquility, set against the stunning backdrop of the Arabian Gulf. The development forms part of the broader Bluewaters Island master plan, a pedestrian-friendly destination that has redefined luxury island living in the emirate. The architecture of Bluewaters Residences 1 reflects a contemporary coastal aesthetic, with clean lines, expansive glazing, and thoughtfully designed facades that maximize natural light and sea views. Residences are available across a range of configurations, from stylish apartments to more spacious multi-bedroom units, each finished to a high standard with premium materials, modern kitchens, and elegant bathroom fittings. Many units enjoy sweeping vistas of the Gulf, Ain Dubai — the world's largest observation wheel — and the glittering Dubai Marina skyline. Life on Bluewaters Island is unlike anywhere else in Dubai. The island is home to a curated selection of world-class dining, boutique retail, and leisure outlets, all within walking distance of the residences. Residents benefit from a car-free promenade atmosphere at street level, creating a relaxed Mediterranean-style community feel rarely found in such a dynamic city. The proximity to JBR's The Walk and Dubai Marina adds further depth to the lifestyle offering without sacrificing the island's sense of exclusivity. Bluewaters Residences 1 is a flagship address for those who seek a distinctive Dubai lifestyle — where resort-style living, connectivity, and architectural excellence converge in one of the city's most sought-after waterfront communities.

Developer: Meraas

Facilities: Infinity swimming pool with sea views, Fully equipped gymnasium, Children's play area, Landscaped podium gardens, 24-hour concierge and security, Covered basement parking, High-speed passenger elevators, Dedicated cycling and jogging tracks on the island, Retail and dining outlets at podium level, Multi-purpose community lounge

DRE Advisory:

Nearby: Ain Dubai — world's largest observation wheel, JBR The Walk and The Beach, Dubai Marina Mall, Skydive Dubai Drop Zone, Palm Jumeirah, Dubai Marina Yacht Club

Residential Building

Bluewaters Residences 1

Bluewaters Island · Dubai · Meraas

2019
Year Built
AED 18–22 / sqft (est.)
Est. Service Charge / year
Estimated range based on community averages. Verify with the owners association before purchase.

About Bluewaters Residences 1

Bluewaters Residences 1 is an iconic residential address situated on the prestigious Bluewaters Island, one of Dubai's most ambitious and celebrated waterfront developments by Meraas. Positioned just off the Jumeirah Beach Residence coastline, this building offers residents a rare combination of urban sophistication and island tranquility, set against the stunning backdrop of the Arabian Gulf. The development forms part of the broader Bluewaters Island master plan, a pedestrian-friendly destination that has redefined luxury island living in the emirate. The architecture of Bluewaters Residences 1 reflects a contemporary coastal aesthetic, with clean lines, expansive glazing, and thoughtfully designed facades that maximize natural light and sea views. Residences are available across a range of configurations, from stylish apartments to more spacious multi-bedroom units, each finished to a high standard with premium materials, modern kitchens, and elegant bathroom fittings. Many units enjoy sweeping vistas of the Gulf, Ain Dubai — the world's largest observation wheel — and the glittering Dubai Marina skyline. Life on Bluewaters Island is unlike anywhere else in Dubai. The island is home to a curated selection of world-class dining, boutique retail, and leisure outlets, all within walking distance of the residences. Residents benefit from a car-free promenade atmosphere at street level, creating a relaxed Mediterranean-style community feel rarely found in such a dynamic city. The proximity to JBR's The Walk and Dubai Marina adds further depth to the lifestyle offering without sacrificing the island's sense of exclusivity. Bluewaters Residences 1 is a flagship address for those who seek a distinctive Dubai lifestyle — where resort-style living, connectivity, and architectural excellence converge in one of the city's most sought-after waterfront communities.

DRE Advisory

District Real Estate has specialist knowledge of Bluewaters Residences 1 and the wider Bluewaters Island sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Bluewaters Island attracts a cosmopolitan mix of professionals, families, and leisure-oriented residents who value exclusivity without isolation. The community exudes a relaxed yet upscale atmosphere, where morning beach walks, alfresco dining, and evening strolls along the promenade are everyday rituals. Neighbours here tend to be internationally minded, often working in finance, hospitality, or the creative industries. The island's pedestrian-first design encourages spontaneous social interaction, fostering a genuine sense of neighbourhood rarely found in high-rise Dubai living.

Investment Outlook

Bluewaters Island commands significant investor interest due to its exclusivity, limited residential supply, and iconic status within Dubai's real estate landscape. Properties in this community have demonstrated strong capital appreciation since handover, underpinned by the island's world-class infrastructure, proximity to JBR and Dubai Marina, and the global recognition of Ain Dubai as a landmark attraction. Gross rental yields for well-positioned units typically range between 5% and 7%, with premium view apartments achieving the higher end of this spectrum. Demand is driven by a diverse mix of high-net-worth residents, corporate tenants, and short-term holiday rental investors seeking prestigious waterfront addresses. The Meraas brand carries considerable weight in the market, consistently associated with quality delivery and long-term community management. With limited new supply on the island and continued tourist footfall, Bluewaters Residences 1 represents a compelling long-term hold for investors seeking both income and capital growth in Dubai's luxury segment.

Building Facilities

Infinity swimming pool with sea views
Fully equipped gymnasium
Children's play area
Landscaped podium gardens
24-hour concierge and security
Covered basement parking
High-speed passenger elevators
Dedicated cycling and jogging tracks on the island
Retail and dining outlets at podium level
Multi-purpose community lounge

Getting Around

Bluewaters Island is accessed via a dedicated bridge from Jumeirah Beach Residence, with direct road connectivity to Sheikh Zayed Road placing residents within approximately 20 minutes of Downtown Dubai and DIFC. Dubai Marina and JBR are just five minutes away by car or a short walk across the bridge. The nearest Dubai Metro stations are DMCC and Sobha Realty (formerly Nakheel Harbour & Tower) on the Red Line, reachable within a 10-minute drive. A ferry service connecting the island to other waterfront destinations further enhances mobility options.

Nearby Landmarks

  • Ain Dubai — world's largest observation wheel
  • JBR The Walk and The Beach
  • Dubai Marina Mall
  • Skydive Dubai Drop Zone
  • Palm Jumeirah
  • Dubai Marina Yacht Club

Nearby Buildings

Bluewaters Residences 2
Bluewaters Residences 3
Caesars Palace Bluewaters Dubai (hotel residences)
JBR Sadaf Buildings
Marina Gate, Dubai Marina

Frequently Asked Questions

What types of apartments are available in Bluewaters Residences 1?

Bluewaters Residences 1 offers a variety of residential unit types, typically including one, two, three, and four-bedroom apartments. Some configurations also include duplex units and larger layouts designed to accommodate families. Each unit is finished to a premium standard with high-quality fittings and modern design.

Can I rent out my apartment in Bluewaters Residences 1 on a short-term basis?

Yes, short-term and holiday rentals are permitted on Bluewaters Island, subject to obtaining the required DTCM holiday home licence from Dubai Tourism. The island's strong tourist appeal, proximity to Ain Dubai, and world-class dining and retail make it a popular choice for short-term tenants, potentially yielding higher returns than traditional annual leases.

Is Bluewaters Island a freehold area for foreign investors?

Yes, Bluewaters Island is a designated freehold zone in Dubai, meaning both UAE nationals and foreign nationals can purchase properties with full ownership rights. This makes Bluewaters Residences 1 an accessible and attractive investment for international buyers looking to own a prime waterfront asset in Dubai.

How do residents travel to and from Bluewaters Island without a car?

Residents without a vehicle can walk across the dedicated pedestrian bridge connecting Bluewaters Island to JBR. Taxis and ride-hailing services such as Uber and Careem are readily available at the island's designated drop-off points. A ferry service also provides a scenic water transport option to other Dubai waterfront destinations.

What is the service charge rate for Bluewaters Residences 1?

Service charges on Bluewaters Island are generally in line with premium waterfront communities in Dubai, reflecting the high-quality communal facilities, landscaping, security, and property management services provided. Prospective buyers should confirm the current per-square-foot service charge rate with the developer Meraas or the relevant property management company, as rates can be updated annually in line with RERA guidelines.

Enquire About Bluewaters Residences 1

Our Bluewaters Island specialists have access to current resale inventory, rental listings, and yield data for Bluewaters Residences 1. Let us help you make the right move.

Contact an AdvisorExplore Bluewaters Island

Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

WhatsAppCall 800 DRE